The New York City Housing Authority (NYCHA) has released a
Request for Expressions of Interest (RFEI) to attract development partners for
new projects under the Authority’s Permanent Affordability Commitment Together
(PACT) program to repair and preserve more than 4,400 units in Brooklyn,
Manhattan, and the Bronx.
The official Request for Expressions of Interest (RFEI)
issued by the Authority is the first step in unlocking the funds necessary to
address critical repairs and social service needs for more than 10,000
residents living at NYCHA campuses across the three boroughs.
All PACT projects will ensure that rents remain permanently
affordable and residents are guaranteed comparable rights as they possess in
traditional public housing.
Residents in developments participating in the PACT program
will see their buildings, common spaces, and apartments modernized through
extensive renovations.
Chronic heat and gas outages will be addressed and
renovations of interiors and common spaces, as well as elevator repairs, will
be completed.
Additionally, there will be improvements to building
security including entry systems and additional security cameras. Partnerships
with social service providers improve on-site services and programming through
input from residents.
Pre-qualified Partners designated through the January 2020
PACT Request for Qualifications (RFQ) process will be invited to submit
proposals in response to the following projects:
Edenwald (2,039 units in the Bronx)
Samuel City (664 units in Manhattan)
Reid Apartments and Park Rock Consolidated (1,698 units in
Brooklyn)
This latest iteration is designed to not only continue the Authority’s commitment to undertaking a large-scale modernization of New York City’s aging public housing developments, but also to expand and deepen economic recovery and opportunities for NYCHA residents – through a dedicated emphasis on M/WBE partners and contractors; nonprofit organizations; Section 3 programming; social services for residents and increasing broadband access.
“The PACT program has proven transformative to the condition
of our public housing and, in turn, to the lives of NYCHA residents,” said
Deputy Mayor for Housing and Economic Development Vicki Been. “This RFEI will
deliver those same improvements and advanced economic opportunities to over
4,400 more households, further cementing PACT’s role in ensuring the long-term
viability of New York City’s largest and most affordable housing stock.”
Launched in 2016, PACT is a key tool working in tandem with
the Blueprint for Change to help inject much-needed money into the public
housing infrastructure citywide while safeguarding long-standing tenant rights
and protections.
PACT allows NYCHA to completely renovate developments using
HUD Section 8 conversion programs, including the Rental Assistance
Demonstration program (RAD), Tenant Protection Voucher (TPV) funding, and Part
200 disposition, all of which ensure long-term affordable housing. The New York
City Housing Development Corporation (HDC), the local housing finance agency,
will assemble the financing, as well as provide asset management and compliance
for the PACT transactions.
Through PACT, developments will be included in the federal
Rental Assistance Demonstration (RAD) and convert to a more stable, federally
funded program called Project-Based Section 8. PACT depends on partnerships with
private and nonprofit development partners.
Once the property is converted to Project-Based Section 8,
NYCHA will lease the land and buildings to the development partners, who will
conduct the repairs, serve as the new on-site property manager, and provide
enhanced social services and community programs.
NYCHA will continue to own the land and buildings,
administer the Section 8 subsidy and waitlist, and monitor conditions at the
development.
